• XRP surged over $0.50 in April and is up 25% since the start of the year.
• Two new tokens generating bullish sentiments are AiDoge and yPredict, both undergoing successful presales.
• The SEC has levied charges against XRP for being an unregistered security, with a potential decision in June that could send XRP to $1 or even higher.
XRP Price Surge
XRP, the native token of the Ripple payments network, surged over $0.50 in April for the first time in six months. The milestone is part of a broader 25% rise for the payments token since the start of the year. While XRP has pulled back in recent days, many analysts think bigger gains are in store and are eyeing the $1 mark – a threshold XRP hasn’t hit since 2021.
AiDoge & yPredict
In addition to XRP, two other tokens generating bullish sentiments are AiDoge ($AI) and yPredict. AiDoge is being heralded as a new meme coin after raising more than $4.3 million in its ongoing presale while yPredict is seeing increased interest ahead of its own presale price increase. Both projects are utilizing AI technology to power their respective platforms, making them attractive to investors looking for innovative solutions within crypto space.
SEC Charges Against XRP
Ripple’s native token faces an ongoing battle against U.S regulator SEC who have charged it with being an unregistered security since 2020 instead of settling like other crypto projects have done so far; CEO Brad Garlinghouse chose to fight these charges in court which could be decided as early as June this year potentially removing any black cloud over Ripple discouraging investors from holding XRP or major banks from adopting Ripple’s global payments system – likely driving demand for the coin up significantly if won by Ripple..
XRP Price Predictions
Analysts have conflicting predictions on how high XRP might go if it wins its case against the SEC; however they all agree that there will be significant surge within hours of a positive ruling – with conservative estimates targeting $1 by end of 2021 while some predicting up to $20 following lawsuit win due to Ripple joining Bitcoin as one of only fully legal and regulated cryptocurrencies in US (unlike Ethereum).
All eyes this summer will be on how Ripple fares against SEC’s charges and whether it can get past this hurdle successfully; should that happen then all signs point towards major gains with some predicting as much as 20x returns soon – particularly now that two promising AI-powered cryptocurrencies AiDoge & yPredict also seem set to disrupt crypto space further adding fuel to fire!